Retail Predictive Analytics: Popular Use Cases
There was a time when brick-and-mortar stores were the only face of retail. The system worked well too and everyone seemed happy. That is until… Read More »Retail Predictive Analytics: Popular Use Cases
This rubric covers the use of statistical tools working on large datasets to create models and derive inferences, as well as coverage of the field in its entirety. This differs from machine learning primarily in that the latter focuses on functional gradient analysis or neural networks (kernels) to derive models.
There was a time when brick-and-mortar stores were the only face of retail. The system worked well too and everyone seemed happy. That is until… Read More »Retail Predictive Analytics: Popular Use Cases
What are Non-parametric tests? Most the statistical tests are optimal under various assumptions like independence, homoscedasticity or normality. However, it might not always be possible… Read More »A Gentle Introduction to Non-Parametric Tests
Summary Regression analysis is one of the methods supplied built-in with SAP BW Data Mining. Based on this method regression models can be created and… Read More »SAP BW Data Mining Analytics: Regression Reporting (Part 3)
The COVID-19 pandemic has wreaked havoc across the globe. As of July 30, 2021, nearly 197.5 million people have been infected with coronavirus, and 4.2… Read More »Optimizing and Accelerating COVID-19 Predictive Modeling
The COVID-19 pandemic has wreaked havoc across the globe. As of July 30, 2021, nearly 197.5 million people have been infected with coronavirus, and 4.2… Read More »Optimizing and Accelerating COVID-19 Predictive Modeling
Summary SAP BW Data Mining serves as a process design platform for a wide variety of analyses either based on the data mining methods (either… Read More »SAP BW Data Mining Analytics: Process Reporting (Part 2)
SAP BW Data Mining allows creating data mining models that implement respective analysis methods (either supplied by SAP as built-in with SAP BW Data Mining… Read More »SAP BW Data Mining Analytics: Model Reporting (Part 1)
As the market gets more competitive with time, businesses are altering their strategies to sustain and cater to changing customer needs better. The present era… Read More »How Businesses Are Using Data Analytics for Better Operational Efficiency
This article focuses on the machine learning aspects of the problem, and the use of pattern recognition techniques leading to interesting, new findings about twin… Read More »Machine Learning Perspective on the Twin Prime Conjecture
The distribution of data means the way the data gets spread out. This article talks about some essential concepts of the normal distribution: How to… Read More »How To Differentiate a Dataset If It Has Normal Distribution